MARKETS & INVESTING | Staff Reporter, Hong Kong

Remegen launches $3.71b worth of initial public offering

Maximum offer price is set at $52.10 per share.

Remegen is set to hold an initial public offering of 76.54m shares to the Hong Kong Stock Exchange, with an estimated worth of HK$3.71b.

The Hong Kong public offering is initially at 7.654m representing 10% of the total number of offer shares, whilst international offering is at 68.883m representing the remaining 90%.

The offer price is set at HK$52.10 per share, with minimum offers at $50.30

Trading will begin from November 9.

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